https://www.taxtmi.com/caselaws?id=349597 The judgment favored the appellant on the limitation aspect of refund claims under Rule 5 of Cenvat Credit Rules, 2004, as the claims were filed within one year from the receipt of foreign exchange. However, the appellant's entitlement to avail credit for service tax not paid to service providers within the stipulated three-month period was denied, as the Tribunal cannot extend statutory time limits. Penalties were set aside due to the appellants' bona fide interpretation of legal provisions, resulting in no penalty imposition for the confirmed demand. en-us Wed, 09 Aug 2017 00:00:00 +0530 Wed, 18 Oct 2017 10:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349597 The judgment favored the appellant on the limitation aspect of refund claims under Rule 5 of Cenvat Credit Rules, 2004, as the claims were filed within one year from the receipt of foreign exchange. However, the appellant's entitlement to avail credit for service tax not paid to service providers within the stipulated three-month period was denied, as the Tribunal cannot extend statutory time limits. Penalties were set aside due to the appellants' bona fide interpretation of legal provisions, resulting in no penalty imposition for the confirmed demand. Case-Laws Service Tax Wed, 09 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349597